Prices are low!-;)

B21

Active member
https://auctions.hampsonauctions.com/auction/lot/3-2006-bmw-z4-alpina-roadster-s/?lot=1970&sd=1&fbclid=IwY2xjawGzFcdleHRuA2FlbQIxMQABHWgRFss_JEL5hpKYfWSKtl--3ioGSJ03l9EXJjS7G9UdinhHjeLTOcsTWg_aem_WuUFuq3RCRFohaERk4cWBw
 
High mile car, bad time of year for selling a soft top and in the run up to Christmas with general doom and gloom in the UK at present.
Hard times.
 
The seller was asking £9000 firm. Forum members were telling him that was a bargain price.

£6188 includes the buyer's fees. Expecting £9000 and ending up less than £5500 is harsh. It was risky going without a reserve.
 
The market is bad at the moment, cars and even houses are just not selling. I feel sorry for the forum member having to sell it at that price. However, after looking through 122 pictures of the car, she clearly needs a lot of work. I hope her new owner will get it fixed to a good standard.
 
I am not sure the market is bad as such, the M I bought was only up for sale a couple of days and the price was not low.

Just has to be the right car, right condition. I know from my si that if a car is not 100% to start with, it costs a lot to put it right. I have maintained a spreadsheet and I ploughed £5k in a £6k car in the end.
 
raymond.harper said:
The market is bad at the moment, cars and even houses are just not selling. I feel sorry for the forum member having to sell it at that price. However, after looking through 122 pictures of the car, she clearly needs a lot of work. I hope her new owner will get it fixed to a good standard.

What needs done? I had a quick look through some of the pictures and couldn't see much wrong.

I do think an online auction should give a good condition report.
 
pvr said:
I am not sure the market is bad as such, the M I bought was only up for sale a couple of days and the price was not low.

Just has to be the right car, right condition. I know from my si that if a car is not 100% to start with, it costs a lot to put it right. I have maintained a spreadsheet and I ploughed £5k in a £6k car in the end.

I don't think the car market is that bad either. Good cars priced well always sell.

Covid artificially drove car prices far too high. Too many people have bought cars during this period and unwilling to accept the losses on the car they bought. Car prices were always going to come back down.

Car specific forums can be the best and worse for advice. There are too many owners desperate for their cars to be as valuable as possible. They are too biased.

There are a number of car valuation guides out there. They tell owners what the market value of cars is. Buyers still ignore these guides, or question their accuracy, only to find the market isn't where they thought it was.
 
pvr said:
I am not sure the market is bad as such, the M I bought was only up for sale a couple of days and the price was not low.

Just has to be the right car, right condition. I know from my si that if a car is not 100% to start with, it costs a lot to put it right. I have maintained a spreadsheet and I ploughed £5k in a £6k car in the end.

You did by it. :thumbsup:
 
Beerman said:
raymond.harper said:
The market is bad at the moment, cars and even houses are just not selling. I feel sorry for the forum member having to sell it at that price. However, after looking through 122 pictures of the car, she clearly needs a lot of work. I hope her new owner will get it fixed to a good standard.

What needs done? I had a quick look through some of the pictures and couldn't see much wrong.

I do think an online auction should give a good condition report.
There is rust on the rear nearside wing, the large bubbled area above the tyre, and the front offside wing. Perhaps also under the rear central brake light. Front wing to door alignment would need to be looked at.
 

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Well spotted. The cost of correction would be such that the car would cost the same as a “good” one.
 
No matter what anyone says, it was the mileage that killed the value of that car.
Mileage is about the ONLY thing that matters with used car values these days. It is even more important with rare, old, cars that only appeal to an 'enthusiast' market. Makes complete sense to me. The car market has reverted back to the rules of the 'pre-covid' days, simple as that.
Low mileage 'CAT' cars are even asking higher values than high mileage non-cat ones. That would never have been the case in the past.
 
Usel said:
Looks like a neglected car. The amount of grime around heated seat buttons and down the handbrake leather folds shows they didn't try very hard to make it sell.

In person I bet that interior looked awful and dirty.

This car sold for £4800 last week before fee's so that Alpina must have looked rough in person:

https://www.historics.co.uk/auction...=0&au=84&ef=&et=&ic=False&sd=0&pp=96&pn=2&g=1

But that is an Auto as well which will have knocked quite a bit off the price
 
Looked at the pics, and the amount of scuffs on bumpers, kick plate and indeed the rust in so many places. Where would you start :o
 
I accept that well maintained higher mileage cars can be a better buy than neglected low mileage vehicles. But, all cars wear with use and where there is paint/body damage, repairs soon mount up. So keeping our ‘hobby cars’ on the road for those of us with limited skills at repairs of any nature can be prohibitively expensive. We are lucky to have the help of some very able Forum Members to help. Without that help I would no longer own a Z. So I think most folks will continue to search for well looked after-cars with a low mileage. For the ‘faint-hearted’ like myself high mileages will always deter me.
 
pvr said:
Looked at the pics, and the amount of scuffs on bumpers, kick plate and indeed the rust in so many places. Where would you start :o

Headlights are different too. One black and the other silver. Not really difficult to find halogen headlights at the moment to have a matching pair.
 
Usel said:
pvr said:
Looked at the pics, and the amount of scuffs on bumpers, kick plate and indeed the rust in so many places. Where would you start :o

Headlights are different too. One black and the other silver. Not really difficult to find halogen headlights at the moment to have a matching pair.

It is one of those games of how many differences you can spot :rofl:
 
pvr said:
Usel said:
pvr said:
Looked at the pics, and the amount of scuffs on bumpers, kick plate and indeed the rust in so many places. Where would you start :o

Headlights are different too. One black and the other silver. Not really difficult to find halogen headlights at the moment to have a matching pair.

It is one of those games of how many differences you can spot :rofl:

:rofl:
 
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